CORT

Corcept Therapeutics Incorporated

Fundamental data last updated:November 5, 2026

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company profile

SECTOR

Healthcare

industry

Medical - Pharmaceuticals

Exchange

NASDAQ

County of HQ

US

Next Earnings Date

Pending Announcement

Business Summary

Corcept Therapeutics Incorporated, founded in 1998 and headquartered in Menlo Park, California, is a pharmaceutical firm dedicated to the discovery, development, and commercialization of treatments for serious metabolic, oncological, and neuropsychiatric disorders across the United States. Its primary commercial offering is Korlym (mifepristone) tablets, an oral medication taken once daily. Korlym is prescribed for adult patients diagnosed with endogenous Cushing's syndrome who suffer from hyperglycemia due to hypercortisolism, particularly those with type 2 diabetes or glucose intolerance, and for whom surgical options have either failed or are not viable. The company's development pipeline is robust, featuring relacorilant, which is being advanced for Cushing's syndrome. It is also investigating a combination of relacorilant with nab-paclitaxel; this pairing has concluded Phase II clinical trials for advanced ovarian tumors and is additionally being studied for conditions involving cortisol excess. Furthermore, Corcept is developing distinct selective cortisol modulators for specific indications such as metastatic castration-resistant prostate cancer and antipsychotic-induced weight gain, alongside research into FKBP5 gene expression assays.

 


VALUATION

P/E

154.73

Market Cap ($M USD)

$8.70B

Forward P/E

39.53

PEG

1.37

PRICE TO SALES

10.47

PRICE TO BOOK

12.01

EV / EBITDA

298.58

5-Year Average P/E

Free Cash Flow Yield

1.23%

DCF Value

$56.50

Graham Number

$8.86

Price to FCF

81.35

EV to FCF

80.40

Earnings Yield

0.65%

FCF Yield

1.23%

DIVIDEND

Yield

0.00%

Annual Payout

$0.00

Payout Ratio

0.00%

Consecutive Years of Dividend Growth

5-Year Dividend Growth Rate

Financial Health & Profitability

Earnings Per Share

$0.52

Next Year EPS Growth Estimate

$2.04

Next Year Revenue Growth Estimate

$1.15B

Return on Equity (ROE)

8.37%

FREE CASH FLOW

Operating Margin

0.77%

Debt-to-Equity

0.01

Piotroski F-Score

6

Altman Z-Score

30.98

Return on Invested Capital (ROIC)

0.87%

Current Ratio

2.86

Quick Ratio

2.77

Net Debt to EBITDA

-3.53

Interest Coverage

0.00

Gross Profit margin

98.30%

FCF PER SHARE

$1.01

REVENUE PER SHARE

$7.88

Gainseekers Quantitative Analysis

Summary

CORT’s current valuation paints a picture of a stock priced for perfection. With a Price/Earnings ratio soaring at 167.55 and a Forward P/E of 42.79, the market seems to expect explosive growth. However, the stock traded significantly above its DCF Value, suggesting potential overvaluation. The Altman Z-score of 32.89 indicates robust financial health, yet the Earnings Yield of just 0.60% raises questions about immediate returns. This juxtaposition of high expectations and low immediate yield creates a precarious balance for investors.

AI Exposure / Tech Reliance

Operating in the Medical - Pharmaceuticals sector, CORT is well-positioned to leverage AI for drug discovery and personalized medicine. The industry's inherent need for innovation aligns with technological advancements, offering potential for enhanced R&D efficiency. However, the company's ability to integrate these technologies effectively remains to be seen.

The Bull Case

For the discerning GARP investor, CORT offers intriguing prospects. Despite a modest ROIC of 0.87%, its Piotroski F-Score of 6 suggests reasonable financial strength. The company's Gross Profit Margin of 98.30% highlights exceptional pricing power, while a Current Ratio of 2.86 underscores liquidity. These metrics suggest a company capable of capitalizing on its market position, albeit with room for improvement in capital efficiency.

The Bear Case

CORT's valuation metrics raise red flags for the cautious investor. With a Price/Book ratio of 13.01 and Price/Sales of 11.34, the stock appears overextended. The EV to EBITDA ratio of 323.61 further emphasizes this overvaluation, suggesting the market may be overly optimistic. Additionally, the stock's recent pricing indicated it was extended above its 50-Day SMA, hinting at potential technical overextension.

Market Sentiment & Smart Money

Short Interest %

Analyst Consensus

Buy

Average Analyst Price Target

$132.80

Institutional Ownership %

1-Year Beta

0.45

Insider Buying % (6 Mo)

Distance to 52-Week High

57.07%

Distance to 52-Week Low

64.38%

EARNINGS SURPRISE %

1,383.31%

50-DAY SMA

$111.98

200-DAY SMA

$74.77

⚠️ Financial Disclaimer:
This content is for informational purposes only and is not financial advice. Information may be delayed or inaccurate. We may earn a commission from partner links.